Show IBI BIG INTERESTS BUYING lANDS j Predictions Made I of Oil Oi Oi l I i Shortage Before End of 1922 NEW LORI LORK Jan 20 So So confident ar au e powerful interests Interest If the prospects prospect l s for tor the oil Industry that they 01 are more mor e I I than ever of adding to their al I- I j ready Immense holdings holding's o of producing I aI-I oil I lands there 01 being so many concrete evi dence denes of o expanding ever uses o of petrol petrOl- eum euro Predictions are being made In sonic some of or the best but posted quarters that a short chort- 12 age ae 1922 1022 of oil 01 is inevitable before the close o of Th There r Is I. an Increasing belief belet that the price of cru crude e In the Mid Continent field Ud will wil get pet above 33 3 a 1 barrel by next fall tal although some ome competent Judges judge tl figure ure that the average selling price for tor the current ye year r will wl be a barrel The financial status of ot of the more important im hn- im- im oil 01 companies Is Ii sound and all the Standard OH OIl Oi companies which accumulated immense amounts amount of crude at low prices price and also alao acquired new properties on highly favorable terms during the tile past palt year or so so A A. will wJ make substantial profits In 1922 I tremendous amount of money will find Ind Its Is way into Texas Texa and other domestic wil oil sll tie fields Ids thIs l I thi year It I is I also assumed that further heavy slims suras urs will trill i be Invested In oil tie fields Ids in 01 other countries However It Is I Impossible Imposible to ascertain anything like accurate ac ac ac- curate figures on this till score The statements represent the statement rf vl views ws expressed by the leading oh oil 01 men throughout the country including the following fol tol- fol- fol lowing William Wilam C. C Teagle Teagie II It F. F 11 Sinclair A. A C. C Bedford Governor C. C X N. lid Edwrd ward L. L Dhen fly Hy 1 U L. Doherty T. T B. B R. R D. D Benson Bensen J. J Howard Pew Amos L. L Beaty W. W P. P Hammon Colonel A. A 13 K Humphreys 1 l H. H Wickett Frank Phillips F. F B. B 11 KlaUe Robert Hobert Law Jr p r. J. J White William O. O Skelly J J. J C. C Baldwin Jr B If Wilam C. C Lufkin 13 37 1 1 I. L. L Marston Iaron M. M 1 L J. Benedum Percy A. A Lyman Stewart K N. T. T Moore H. H I. I 5 M. M B. B I G. G Dawes II 11 1 W. W A A. A DeterdIng Deter Deter- ding Honorable Walt II It Samuel Paul I Shoup and R. R V W. Mr TseI Teagle n IN I e. e nt c fh h I I Oil Oui 01 o of New New- Jersey aIr Mr Ir Sinclair c lr i ii chi chairman of the board o of directors director of or Sinclair Con Con- l Oil 01 corporation Mr r. r Bedford is t chairman o of the board of the Standard Oil on o of New Jersey Governor Heskell is the controlling factor in On n the affairs of ot the Mid Iddle Id- Id dle die Stales OH 01 corporation Mr r Doheny who Is an oil king himself dictates both bolh 01 the Mexican PetroleUm th the tl and policy poley tan Pan ot of American Petroleum and Transport company com corn pany lIlt Mr 1 Hy Ny L. L Doherty controls the Cities CIte Service company which Is i a 0 big factor not only in the oil 01 Industry but also In the public service world lit Mr lr Is IR president president dent o of the Transcontinental OH Oil 01 company compan control o of which recently passed to lo in the Standard Oil 01 o of California Mr lr Benson lenson Is II president o of Tidewater Oil 01 company which is I. I to be closely allied with cosely the Rockefeller feler entel ente es Mr lit Pew is head o of the Sun Oil 01 company Mr Bealy Beaty Is I president of the Texas company compan Mr Hammon Ham llam- mon la Is I head of the Ventura Consolidated 01 OH OIl Fields FIeld company Colonel Humphreys is too loo well ivell wel known to call cal for tor special mention I In these dispatches SIr Mr is president menton of ot the Sapulpa Refining company Mr PhillIps Phil Phil- lips Is head of the Phillips Petroleum r Phi Phi- company com corn pany Mr Ir Kister dictates the policy ot or the Producers rs and Refiners corporation Mr Ir Law Is president of the Barnsdall Cor cor- Pat White While owns control of the White Whit OH Oil 01 Corporation Mr Skelly dictates dIctate tile the policy of th the tha Skelly Oil 01 corporation Mr r. r Baldwin Is I chairman of the Texas Coal and Oil 01 company Mi Mr Marston 1 I 19 I Standard prominently associated d with the the- giant Oil Oi enterprise was wa form formerly glant president of ot the Texas Texas' Coal and Oil I pany Coll 01 com COnI company pany and is a partner In the big banking firm Irm of fe Co which frequently fig fIg- ur ores ures s promInently in security flotation for tOI I the Rockefellers M. M 1 L I. I 1 Is well weli known knon throughout the big oil 01 fields fIeld of ot the country and is I. a a prominent director of ot the time Transcontinental OH on company ot of which he was wai one of the tho leading promoters Mr I Rockefeller Is I. d G son on of William promoter Rockefeller r and de d Is largely Interested feS in a number r ot of oil e enterprises e r outside of tIle the e Standard t o OH Oil f I group In which he Is U a large stockholder larf Mr Stewart is 1 chairman of or th the Union Oil company Mr lr Moore I ii I. head of ot the Sims 01 I Petroleum col company Mr hr lr Jany Byllesby is preel- preel dent deni ent of ot the tho Shaffer Oh Oil prel- prel I Shafe and Refining 01 ald con com pany Mi III Dawes Dawe heads the Dawl Oil Jule 0 con cotti- cotti pan pany which recently pair C Colonel lonel bonel Humphreys Humph Humph- tel leys for or a substantial Interest his Ilis lift Mr In eral let Is Ic the tIle general general gen gen- managing director of ot the Royal Dutch company compan Mr Samuel i Is chairman of ot the Mr Shell Shel Transport and Trading company Ltd Shoup Is presIdent of tile the Pacific company and Mr Br is head of ot the te OH 01 Oklahoma Producing and Refining pany com corn NE NEW YORK NEW EV Jan JO The Tima The raw sugar for market Cuba Cubas was firm and unchanged at 2 c I cost and ant freight equal to for Or centrifugal There cally but the United were no sales Rales lo low cal Kingdom to tons at 12 bought 1000 The firmness In the renewed spot market led to buying In rad ra futures an prices advanced 4 to 7 1 points there setback later under realizing with was wal a midday I 1 wih prices at pont lower to 3 net higher The market mark t for refined ot was wu firmer prices were advanced 10 0 poInts and basis baIs of for or tine granulated io tl the Ilse eral of the local by several sey sev- eral refiners good Inquiry with refiner There was a a refiners all ant and unable to malte al cold lold ahead prompt There no y delver delIvery ote transactions totes In refined fu tu- tu Sugar futures closed I sales ale alel tons March March steady approximate Dey y lly July September a at JY 13 t DENV DENVER ER Jan steady steers 01 steer cows cow e and helt Cr stockers r and b cah feeders feeder 60 bulk Receipts Clogs strong top 71 y c Sheep 2200 f lambs ambs ewes higher o ers era s. s teed feed d A I i |